The post Bitcoin Sell-Off Continues: Experts Recommend These Altcoins as ‘Best Buys’ in the Current Market appeared first on Coinpedia Fintech News
The crypto market remains calm, with traders and investors eagerly awaiting the next bull run. Bitcoin’s recent sell-off has caught many by surprise, pushing its price down to unexpected levels. However, amidst this turbulence, altcoins are proving resilient, holding steady at low prices and primed for potential explosive growth. In this uncertain landscape, experts have pinpointed certain altcoins as ‘best buys.’ These altcoins are generating buzz and could be ready for significant gains. Curiosity abounds regarding which coins are poised to take off next. Readers will find out which altcoins are positioned for upward momentum in this article.
BlastUP Unveils Blastbox V2: A Bounty of Perks and Potential
In a strategic move after its $8 million presale, BlastUP, the leading launchpad on the Blast blockchain, has launched Blastbox V2. This latest offering provides a unique opportunity to acquire $BLASTUP tokens at presale prices, along with a plethora of additional benefits. Industry experts are touting $BLASTUP tokens as a potentially lucrative investment, forecasting returns as high as 1000%.
Blastbox V2 is more than just a repository of valuable assets; it’s a ticket to exclusive privileges on the BlastUP platform. Token holders can look forward to NFT and token airdrops, membership in the elite BlastUP Club, and priority access to Initial DEX Offerings (IDOs).
Unlock the Full Potential of Blastbox V2
This release marks the final opportunity to gain early access to BlastUP’s offerings at the presale rate. As a rising star in the Blast blockchain ecosystem, BlastUP has already garnered attention with four successful IDOs.
For those in pursuit of the next major crypto opportunity, Blastbox V2 presents a compelling proposition. With only 9999 units available, each loaded with unparalleled utility, these loot boxes are expected to be in high demand.
Blast (BLAST) Poised for Growth Despite Market Slump
Blast (BLAST) is showing resilience with a current price between $3.01 and $4.71. Although it faces resistance around $5.42, its recent one-month gain of over 460% is impressive. With a simple moving average of $3.86 over 10 days and an RSI near 51, the bulls have room to push higher. Blast’s potential could see it testing the resistance levels of $5.42 and $7.12, jumping by up to 50% and 100% respectively from its current range. The MACD indicators suggest a slowdown, but the overall pattern hints at a continued upward trend, especially with historical growth mirroring past bull seasons.
JasmyCoin in the Spotlight: Bulls Gather Strength Amid Market Challenges
JasmyCoin (JASMY) shows promise despite the recent market downturn. Trading within the $0.0180-$0.0292 range, bulls seem to be gathering strength. The coin is close to the 10-day moving average of $0.0233, suggesting potential growth. The RSI at 55.63 and Stochastic at 55.20 indicate a balanced market, with neither bulls nor bears dominating. If bulls push past the nearest resistance at $0.0354, JASMY could soar to the next level of $0.0465. This would mark a rise of over 60%. Long-term data supports optimism, with a six-month surge of more than 350%, hinting at further gains if the trends hold.
Altcoin Season On Horizon? MANTRA (OM) Shows Strong Potential Amid Market Uncertainty
Despite the recent Bitcoin dump, MANTRA (OM) shows promising signs. The price is hovering between $0.71 and $0.97, reflecting mixed sentiments but not ruling out a potential bull run. The coin’s price has increased almost 10% in the past week, which hints at growing bullish momentum. Breaking through the nearest resistance at $1.08 could see OM shooting up to around $1.34, marking a potential gain of about 50%. Its 6-month rise of over 1147% is a testament to its resilience and potential for further growth. With an RSI of around 45, there’s room for more upward movement as the market recovers.
Jito (JTO) Set Up for a Potential Bull Run Despite Market Downturn
Jito (JTO) is currently trading between $1.51 and $2.43, showing some volatility. Bears are exerting pressure with a recent 15.74% weekly drop and a 38.66% decrease over the past month. However, its potential for growth remains strong. With a current level above both the 10-day and 100-day moving averages and an RSI of 64.12, the coin is edging towards a bullish zone. If it breaks the nearest resistance at $2.97, JTO could aim for $3.89, marking a potential rise of more than 50%. The 6-month price change shows an increase of nearly 30%, signalling long-term growth potential.
Conclusion
As the market remains volatile, certain altcoins are drawing expert attention for their potential. BLASTUP stands out with the highest potential due to its innovative concept and integration into the Blast ecosystem. Other recommended coins like JASMY, OM, and JTO, present less impressive short-term gains. However, BLASTUP stands as the top pick for those seeking robust growth in the current market scenario.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
